Category Archives: Insurance Coverage

A Fortune 500 company (“Company”) experienced what was, at the time, the largest data breach reported. Hackers obtained credentials of a third party vendor of the Company, giving them direct access to all cash registers and servers in the individual retail stores of the Company. Approximately 40,000,000 credit card and debit card numbers were accessed, […]

Insurance Coverage

Insured brought action against insurer alleging failure to pay losses under Commercial Crime Insurance.  Plaintiff argued that company employees facilitated thefts by signing up with bogus health care providers who then billed the companies ERISA plan for services not rendered.  The insurer claimed that the actions of the third party wrongdoers precluded the claims.